MLM staffer attempts suicide

Admin   |   25 April, 2015   |   490   |   3980

An employee of a multi-level market company attempted suicide by hanging in his residence at Gopalnagar here on Friday. P. Ramanjaneyulu (47) took the extreme step following pressure from friends and relatives, who wanted the money they had deposited in the firm, Agrigold, to be returned, police said. He was admitted to a hospital here before being shifted to Guntur Government Hospital. His wife said under pressure to meet deposit mobilisation targets, he had collected deposits to the tune of Rs. 1.50 crore using all possible contacts.

Ramanjaneyulu took the extreme step following pressure from friends and relatives, who wanted the money they had deposited in the firm, Agrigold, to be returned.

J. Deva Prabhakar,

Circle Inspector,

Ongole II Town